2022: Nigeria buys £3.3 billion worth of goods from UK, sells £2.2 billion

Category: Procurement News

Total UK exports to Nigeria amounted to 3.3 billion pounds in the four quarters of 2022, while total UK imports from Nigeria amounted to 2.2 billion pounds in...

FCT budget jumps from N329 billion to N607.9 billion in less than 1year

Category: Procurement News

The House of Representatives has passed the budget of the Federal Capital Territory for the 2022 fiscal year. The N607.9 billion budget was passed on Tuesday...

HSBC eyes bumper dividend from $10 billion sale of Canada business to RBC

Category: Procurement News

British bank HSBC said on Tuesday it had agreed to sell its business in Canada to Royal Bank of Canada for $13.5 billion Canadian dollars ($10.04 billion) in...

TCN, NBET, others laud CBN’s $250m CBN intervention for electricity improvement

Category: Procurement News

Tribune Online TCN, NBET, others laud CBN’s $250m CBN intervention for electricity improvement Transmission Company of Nigeria (TCN), Nigerian Bulk...

Aero Contractors To Resume Passenger Flight Operations Dec 5

Category: Procurement News

November 28, (THEWILL) – Barely five months after Aero Contractors suspended its scheduled commercial flight operations, the airline announced its decision...

Contractor suspends Lagos-Ibadan road construction, resumes January

Category: Procurement News

The contractor in charge of construction works on the Lagos Ibadan Expressway, Julius Berger has suspended works on the expressway to enable travellers plying...

ASUU warns of new crisis, seeks intervention

Category: Procurement News

The Academic Staff Union of Universities on Monday warned Nigerians that if the Federal Government kept withholding their pay, a new crisis in the country’s...

Nigeria-UK Trade Volume Hits £5.5 Billion

Category: Procurement News

•Adebayo, Badenoch welcome new trade agreement Adedayo Akinwale in Abuja and Oluchi Chibuzor in Lagos The United Kingdom (UK) International Trade Secretary,...

Lawmakers Summon NIA, DIA over Contract Awarded for Construction of Presidential Lodge in Ethiopia

Category: Procurement News

Udora Orizu in Abuja The House of Representatives Committee on Public Account has summoned the Directors-General of the National Intelligence Agency (NIA) and...

Stock market halts gains as investors lose N65 billion

Category: Procurement News

The bears resurfaced on the trading floor of the Nigerian Exchange Limited (NGX) yesterday, after six consecutive days of uninterrupted bullish streak as...

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